Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Belgium - 2023

Contents:

  1. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Belgium (CIF) - 2022
  2. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Belgium (FOB) - 2022
  3. Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Belgium
  4. Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Belgium

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Belgium (CIF) - 2022

In 2022, the average import price for generators amounted to $241 per unit, dropping by -26.3% against the previous year. In general, the import price saw a deep slump. The pace of growth appeared the most rapid in 2018 an increase of 20% against the previous year. The import price peaked at $611 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($957 per unit), while the price for Hungary ($132 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+12.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Belgium (FOB) - 2022

The average export price for generators stood at $363 per unit in 2022, with a decrease of -42.3% against the previous year. In general, the export price showed a abrupt decline. The growth pace was the most rapid in 2021 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,389 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,876 per unit), while the average price for exports to South Korea ($134 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Belgium

For the fourth year in a row, Belgium recorded growth in overseas purchases of generators, which increased by 34% to 38K units in 2022. In general, imports showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 91%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of generators declined to $9.2M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 49%. Over the period under review, imports of hit record highs at $9.4M in 2021, and then shrank modestly in the following year.

Import of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy9851,5971,9283,44851.8%
France6567481,0932,31952.3%
United States50620040674213.6%
Netherlands6616432,0076670.3%
Spain4781,6852,73365110.8%
Hungary2.8141139608501.1%
Germany541418402357-12.9%
China56.122.292.712129.2%
United Kingdom31268216131.5-53.4%
Others5931,024402272-22.9%
Total4,7917,1599,3639,21624.4%

Top Suppliers of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA to Belgium in 2022:

  1. Italy (23.0K units)
  2. Hungary (4.6K units)
  3. France (3.7K units)
  4. Netherlands (2.8K units)
  5. United States (1.3K units)
  6. China (0.7K units)
  7. Spain (0.7K units)
  8. Germany (0.5K units)
  9. United Kingdom (0.1K units)

Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Belgium

In 2022, exports of generators from Belgium surged to 15K units, with an increase of 115% compared with the previous year. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 196%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of generators skyrocketed to $5.3M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +28.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +113.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 81% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea1.241.929.11,477971.7%
United States13614315175477.0%
Netherlands18327229543733.7%
Germany27451825942916.1%
France225371354223-0.3%
United Kingdom25239615491.2-28.7%
Poland98.110045.068.9-11.1%
Spain60.610489.561.50.5%
Others1,2692,5872,9351,80412.4%
Total2,4994,5334,3125,34628.9%

Top Export Markets for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA from Belgium in 2022:

  1. South Korea (11.0K units)
  2. Netherlands (0.5K units)
  3. United States (0.4K units)
  4. Germany (0.4K units)
  5. France (0.2K units)
  6. Poland (0.1K units)
  7. United Kingdom (0.1K units)
  8. Spain (0.1K units)

Source: IndexBox Market Intelligence Platform

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